941-205-2500 Jon@mortgageright.com

Document Checklist

Have questions? Here's what you need to know:

Standard Documentation:

THE FOLLOWING DOCUMENTATION IS USUALLY REQUIRED DURING THE LOAN PROCESS:

• Most recent 30 days of pay stubs from all jobs
• Most recent 2 months of bank statements
• Most recent 2 years of W-2s from all jobs
• Most recent 2 years of Federal Tax Returns if you file a Schedule C, E or F or claim employee business expenses
• Copies of state-issued picture ID

Documentation if Applicable:

THE FOLLOWING ADDITIONAL DOCUMENTS MAY BE REQUIRED IF THEY APPLY TO YOU:

• Bankruptcy discharge papers & copy of Bankruptcy Petition with all schedules if discharged in last 7 years
• Foreclosure documentation (Sheriff Sale Deed)
• Divorce decree if ongoing financial obligation or property award is involved
• Social Security award letter
• Income Award letters (social security, pension, VA disability)
• Current 401k, IRA or investment account statement

VA Loans:

IF YOU ARE A VETERAN APPLYING FOR A VA LOAN, THE FOLLOWING DOCUMENTATION WILL BE REQUIRED:

• Copy of DD214 if discharged from the military within the last two years.
• Copy of LES if using military pay to qualify
• Proof of any additional military/VA pay

Good to know:

PLEASE KEEP IN MIND:

• Documents must be submitted in their entirety
• We always need consecutive documents
• If you have received a financial gift to help with your down payment, the donor will need to fill out a gift letter and provide a bank statement to verify they have sufficient funding